2nd Watch, a provider of professional and managed cloud services for many of the world’s biggest brands, announces a new enhancement to our Managed Optimization service – Spot Instance and Container Optimization – for enterprise IT departments looking to more thoughtfully allocate cloud resources and carefully manage cloud spend.
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Enterprises using cloud infrastructure and services today are seeing higher cloud costs than anticipated due to factors such as cloud sprawl, shadow IT, improper allocation of cloud resources, and a failure to use the most efficient resource based on workload. To address these concerns, 2nd Watch takes a holistic approach to Optimization and has partnered with Spot by NetApp to enhance our Managed Optimization service.
The service works by recommending workloads that can take advantage of the cost savings associated with running instances, VMs and containers on “spot” resources. A spot resource is an unused cloud resource that is available for sale in a marketplace for less than the on-demand price.
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Because spot resources enable users to request unused EC2 instances or VMs to run their workloads at steep discounts, users can significantly lower their cloud compute costs, up to 90% by some measures. To deliver its service, 2nd Watch has partnered with Spot, whose cloud automation and optimization solutions help companies maximize return on their cloud investments.
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